CSCO - Hot Stocks: WMT CSCO FVRR rally on earnings; PLTR TRIP fall
The release of corporate financial figures drove the action in Thursday's pre-market trading. Walmart (NYSE:WMT) and Cisco (NASDAQ:CSCO) helped lead the way, both rising in the wake of their respective quarterly reports. Fiverr International (NYSE:FVRR) got a boost from earnings news as well. Better-than-expected results and a robust forecast sparked pre-market gains. On the other side of the spectrum, the release of financial figures put pressure on shares of Palantir (NYSE:PLTR) and TripAdvisor (NASDAQ:TRIP). Gainers Walmart (WMT) advanced more than 3% before the opening bell, driven higher by the release of quarterly results. Despite supply chain bottlenecks and the lingering impact of COVID, the retailing giant beat expectations on both its top and bottom lines. For Q4, the company reported comparable sales that rose 5.6% from last year. At the same time, WMT predicted sales to rise 3% in constant currency for the current fiscal year. Earnings news also gave
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Hot Stocks: WMT, CSCO, FVRR rally on earnings; PLTR, TRIP fall